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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
(MNI) Melbourne
Headline New Zealand inflation rose in line with expectation over Q1, printing at 4.0% y/y, or 0.6% q/q, down from Q4 2023’s 4.7%, according to data published today by Stats NZ.
Non-tradable inflation grew 1.6% q/q, 30 basis points higher then expectations and up 50bp from Q4.
The Reserve Bank of New Zealand’s February Monetary Policy Statement foretasted Q1 CPI at 0.4% q/q, or 3.8% y/y. The central bank has held the Official Cash Rate at 5.5% since May 2023. (See MNI RBNZ WATCH: MPC Holds The Line)
Daniel covers the Reserve Bank of Australia and the Reserve Bank of New Zealand and leads the Asia-Pacific team.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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